Salesforce Inc

CRM

Equity

ISIN US79466L3024 / Valor 1755645

New York Stock Exchange, Inc (2024-11-21)

USD 335.78+3.09%

Salesforce Inc
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Salesforce Inc is a leading provider of customer relationship management (CRM) software, offering a cloud-based subscription service that revolutionized the industry with its pioneering "software as a service" (SaaS) model. Founded in 1999 in a small San Francisco apartment, Salesforce has grown to become a key player in the technology sector, helping businesses manage and analyze customer interactions and data to improve sales and customer satisfaction. With a focus on innovation and customer-centric solutions, Salesforce continues to be a driving force in the CRM software market.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

Salesforce Inc. reported a revenue of $9.13 billion for the first quarter of fiscal 2025, which ended on April 30, 2024. This represents an 11% increase year-over-year, with subscription and support revenue contributing $8.59 billion, up 12% year-over-year.

Operating Margins

For the first quarter of fiscal 2025, Salesforce Inc. achieved a GAAP operating margin of 18.7% and a non-GAAP operating margin of 32.1%. These figures reflect significant improvements, with the GAAP operating margin increasing by 1,370 basis points and the non-GAAP operating margin by 450 basis points year-over-year.

Cash Flow

Salesforce Inc. reported an operating cash flow of $6.25 billion for the first quarter of fiscal 2025, marking a 39% increase year-over-year. The free cash flow for the same period was $6.08 billion, up 43% year-over-year.

Shareholder Returns

In the first quarter of fiscal 2025, Salesforce Inc. returned $2.2 billion to shareholders through share repurchases and paid $0.4 billion in dividends. This is part of the company's ongoing capital return program, which has returned more than $14 billion to shareholders since its inception.

Future Guidance

Salesforce Inc. has provided guidance for the second quarter of fiscal 2025, projecting revenue between $9.20 billion and $9.25 billion, representing a 7% to 8% year-over-year growth. For the full fiscal year 2025, the company maintains its revenue guidance of $37.7 billion to $38.0 billion, reflecting an 8% to 9% year-over-year increase.

Summarized from source with an LLMView Source

Key figures

49.7%1Y

11.5%3Y

106%5Y

Performance

35.6%1Y

38.8%3Y

39.4%5Y

Volatility